166 Lakeshore Road, Fort Erie, ON L2A 1B2

For Sale 87 days on Market MLS® X12699324

Asking Price

$589,000

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166 Lakeshore Road, Fort Erie, ON L2A 1B2

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Overview

Active

Investor Opportunity - Two Detached Homes on One Property. Excellent income and value-add opportunity offering two separate dwellings on one lakeside property. Ideal for investors or owner-occupants seeking strong rental potential. Live in one unit while renting the other, or rent both to maximize cash flow.The main residence (approx. 850 sq. ft.) features 2 bedrooms and a newly constructed sunroom, enhancing livability and rental appeal. The secondary dwelling is a cozy one-bedroom, one-bath unit, well-suited for long-term tenancy or short-term rental (buyer to verify use).Located on Lakeshore Road with lake views, minutes to the U.S. border, this property benefits from consistent rental demand, limited waterfront supply, and long-term appreciation potential. On-site parking available.

Bedrooms

Bathrooms

1.0

Area

1,300 sqft

Lot Size

1.5 acres

Type

Other

Property Details

Year BuiltNot Disclosed

CityFort Erie

Postal CodeL2A1B2

Lot Dimensions81.00 × 780.00 ft

Parking4 spaces

Interior Features

Style: Bungalow

Exterior & Land

Construction: Wood

Roof: Asphalt Shingle

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$589,000

Annual Taxes$4,110 (2025)

Days on Market87

MLS® X12699324 • Listed by ROYAL LEPAGE NRC REALTY

166 Lakeshore Road, Fort Erie, ON L2A 1B2

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Purchase Calculator

Home Price

$589,000.00

Location

Down Payment

$123,690.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

166 Lakeshore Road, Fort Erie, ON L2A 1B2

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